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News Cemex on course to sell Vencemos do Amazonas stake

Cemex on course to sell Vencemos do Amazonas stake

Written by Global Cement staff 07 September 2018
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Brazil: Cemex Latam Holdings (CLH), the subsidiary of Mexican cement company Cemex in Central and South America and the Caribbean region, together with its subsidiary Corporacion Cementera Latinoamericana, expect to finalise the sale of Brazilian cement producer Cimento Vencemos Do Amazonas (CVDA) for around US$30m by the end of 2018. On 25 May 2018, the pair agreed to sell all of the shares they own in CVDA to Brazilian cement company Votorantim Cimentos.

Last modified on 12 September 2018
Published in Global Cement News
Tagged under
  • Cemex
  • Cemex Latam Holdings
  • Brazil
  • Corporacion Cementera Latinoamericana
  • Acquisition
  • Votorantim Cimentos
  • GCW370
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